Dáil Éireann Debate, Wednesday - 2 October 2013
179. Deputy Michael McGrath asked the Minister for Social Protection the yield that would be achieved from increasing employer's PRSI to 12%, 13%, 14% and 15%, respectively, for the portion of salary over €100,000; and if she will make a statement on the matter. [41366/13]
View answer180. Deputy Michael McGrath asked the Minister for Social Protection the yield that would be achieved from increasing employer's PRSI to 12%, 13%, 14% and 15%, respectively, for the portion of salary over €125,000; and if she will make a statement on the matter. [41367/13]
View answer181. Deputy Michael McGrath asked the Minister for Social Protection the yield that would be achieved from increasing employer's PRSI to 12%, 13%, 14% and 15%, respectively, for the portion of salary over €150,000; and if she will make a statement on the matter. [41368/13]
View answerI propose to take Questions Nos. 179 to 181, inclusive, together.
The table below gives the estimated yield that would be achieved from increasing Employer PRSI from 10.75% to 12%, 13%, 14% and 15% respectively. The percentage increases in Employer PRSI are applied to income in excess of the thresholds specified by the Deputy.
|
Threshold for higher Employer PRSI |
Rate of Employer PRSI |
Cost/Yield |
No. of Employments |
|
- |
- |
(€000) |
- |
|
€100,000 |
*12% |
29,785 |
41,160 |
|
€100,000 |
*13% |
53,614 |
41,160 |
|
€100,000 |
*14% |
77,442 |
41,160 |
|
€100,000 |
*15% |
101,270 |
41,160 |
|
€125,000 |
*12% |
21,137 |
24,710 |
|
€125,000 |
*13% |
38,047 |
24,710 |
|
€125,000 |
*14% |
54,957 |
24,710 |
|
€125,000 |
*15% |
71,867 |
24,710 |
|
€150,000 |
*12% |
15,874 |
16,590 |
|
€150,000 |
*13% |
28,573 |
16,590 |
|
€150,000 |
*14% |
41,272 |
16,590 |
|
€150,000 |
*15% |
53,972 |
16,590 |
*The National Training Fund Levy of 0.70% is included in the contribution.
